2001 (5) TMI 52 - SC - Customs

Summary

The Supreme Court dismissed the appeal against the rejection of appeal by CEGAT, Mumbai. The appellant ordered Metallurgical Coke from M/s. Jenson & Nicholson Pvt. Ltd., Singapore, but later found discrepancies in the size. A revised agreement was reached between the parties to settle disputes without admitting liability. The Tribunal concluded that the revised agreement was to avoid litigation, and no liability for diminution in value was accepted. A refund claim was filed based on the revised invoice, leading to the dismissal of the appeal by the Tribunal and subsequently by the Supreme Court.